XRP coin price & infoCheck XRP (XRP) up-to-date price information and discover similar coins to XRP based on volume or price.
Data last updated about 3 hours agoXRP All Time Low/High: €0.00194619 (+43317%) / €2.82 (-70%)
Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in ...validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.
Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.
Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.
In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.
XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.
|Cryptocurrency: XRP||Symbol: XRP||Binance: Buy XRP now|
|Market Cap: 2147483647||Rank: 7||Volume: 3821280000|
|You can buy XRP for||AUD, BNB, BRL, BTC, BUSD, CRO, DAI, EOS, EUR, GBP, JPY, MXN, PLN, SGD, TRY, USD, USDT, UST, XBT|
XRP (XRP) live price chart
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How big was XRP coin volume within the last 24h?
XRP (XRP) last recorded volume was € 3821280000.
How much has XRP coin price changed during the last week?
XRP price has changed during the last 7 days -12.6061 %.
How much has XRP price changed during the 30 days?
XRP price has changed during the last 30 days -1.67948 %.
How much has XRP price changed during one year?
XRP price has changed during the last year 89.5979 %.
Is XRP coin close to its All Time High price?
XRP all time high price (ath) is €2.82. Its current price is €0.844977. This means that the difference between XRP (XRP) All Time High price and XRP current price is -70%.
What is the maximum price XRP (XRP) can reach?
XRP has a current circulating supply of 47,158,974,920. Based on our calculation XRP could reach up to €19.2334 before it would have to overtake Bitcoin. So in theory the potential for growth is 23x its current value (€0.844977). However, keep in mind that this is just a logical maximum potential price calculation for XRP and in no way is it a prediction of any kind.
Where can you trade XRP?
XRP is currently listed on at least these crypto exchanges: FTX, VCC Exchange, Bitfinex, eToroX, Digifinex, Huobi Global, Bitrue, HitBTC, Bitcoin.com Exchange, Changelly PRO, ZB, Binance, BTSE, B2BX, Kraken, LBank, Bitstamp, BtcTurk PRO, WhiteBIT, Coinsbit, OKEx and possibly some others.